DJIA with US 10yr Treasuries and YenDJIA with US 10yr Treasuries and Yen. Comparing and contrasting all three.
Key stats
About Global X Funds Global X Dow 30 Covered Call ETF
Home page
Inception date
Feb 23, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
DJIA writes covered calls on its portfolio of Dow Jones Industrial Average (The Dow) stocks. Writing covered calls is an options strategy that potentially increases yield but also limits upside potential. The fund writes the near-term options generally each month, and each options exercise price is at or above the current price level of The Dow. By writing index call options, the fund adds income from call premiums at the expense of the upside potential. As a total return version, the underlying index reinvests all dividends paid on The Dow components and the premiums from writing the option.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Retail Trade
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.